AirNet Technology Inc. (NASDAQ:ANTE) Short Interest Down 9.0% in June

AirNet Technology Inc. (NASDAQ:ANTE) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 18,300 shares, a decrease of 9.0% from the May 31st total of 20,100 shares. Based on an average daily volume of 22,500 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.1% of the shares of the stock are sold short.

AirNet Technology Stock Performance

Shares of AirNet Technology stock opened at $1.05 on Wednesday. The business has a 50-day moving average price of $1.09 and a two-hundred day moving average price of $1.06. AirNet Technology has a 1-year low of $0.56 and a 1-year high of $1.95.

AirNet Technology Company Profile

AirNet Technology Inc, together with its subsidiaries, operates out-of-home advertising networks in the People's Republic of China. It provides in-flight solutions to connectivity, entertainment, and digital multimedia; in-flight entertainment and advertising contents, including sports, comedies, local attractions, reality shows, commentaries, documentaries, and copyrighted entertainment contents; and internet connections through a network of satellites and land-based beacons.